A study has found 55% of defined benefit (DB) members who spoke to a financial adviser chose to transfer out to access the pension flexibilities in 2016-17, compared to just 36% the previous year.
Willis Towers Watson surveyed financial advisers and combined this with its own experience to find out what over 170,000 DB members across 350 schemes who spoke to their advisers had chosen do in the two...
PwC, KPMG, EY and Deloitte must break up their consultancy and audit businesses into distinct firms to provide greater focus on the "most challenging and objective audits", the competition watchdog has said.
The Department for Work and Pensions (DWP) has released its first batch of guidance setting out how the guaranteed minimum pension (GMP) conversion legislation may be used to resolve unequal payments.
This week's top stories include the government spending £800,000 on a Gogglebox advert and MPs writing to The Pensions Regulator about its engagement with the Railways Pension Scheme.